Newton One Investments LLC Makes New $68,000 Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Newton One Investments LLC purchased a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 383 shares of the company’s stock, valued at approximately $68,000.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares in the last quarter. Orgel Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after acquiring an additional 515,998 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $81,990,000. Finally, Goldstein Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 11,176.9% in the 3rd quarter. Goldstein Advisors LLC now owns 282,036 shares of the company’s stock valued at $50,569,000 after purchasing an additional 279,535 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $182.45 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market cap of $48.15 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s fifty day moving average is $182.04 and its two-hundred day moving average is $178.49.

About iShares MSCI USA Quality Factor ETF

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.